How does the Federal Tax Credit for Solar Work? (2020 Update ITC) – Green Home Systems

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This video breaks down exactly how the Federal Tax Credit works. The Federal Tax Credit or Investment Tax Credit (ITC) can make your solar energy system more affordable! 2020 is the best year to go solar before 26% ITC drops.

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As of 2020, the ITC has dramatically decreased to 26% and it will keep on decreasing in the upcoming years. By 20201, the incentive will drop to 22% and after 2021 it will drop to zero for residential installations.

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Learn about the solar investment tax credit and how it can save you money on your solar energy system purchase.